Energy - 2023
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Baku/30.10.23//Turan: In the third quarter of 2023, the Norwegian oil and gas company Equinor ASA reduced its net profit by 3.7 times against the background of lower natural gas prices, but the result...
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Baku/30.10.23//Turan: Gas production at the “Absheron” field in the Azerbaijani sector of the Caspian Sea is expected to reach 707 mcm by the end of 2023. "SOCAR expects that production at “Absheron”....
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Baku/30.10.23//Turan: The capital investments of the State Oil Company of Azerbaijan for 2023-2026 are estimated at 12.6 billion manats ($7.4 billion at the current exchange rate), Fitch agency report...
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Baku/30.10.23//Turan: Kazakhstan is considering the possibility of supplying clean electricity from the Caspian region to Azerbaijan, the country's Energy minister Almasadam Satkaliyev said. This proj...
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Baku/30.10.23//Turan: The signed contract between Kazakhstan's “QazaqGaz” and China's “Petrochina” provides for the possibility of exporting up to 1 bcm of Kazakh gas per year, Kazakh Energy Minister....
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Baku/30.10.23//Turan: A new powerful power plant that Turkmenistan is starting to build in the western region on the coast of the Caspian Sea will enable the supply of electricity to Turkiye, Head of....
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Baku/30.10.23//Turan: British energy company BP Plc has signed an agreement to purchase stations for ultra-fast charging of electric vehicles from Tesla in the amount of $100 million.The deal will all...
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Baku/30.10.23//Turan: American oil and gas giant Exhop Mobil Corp. recorded a decrease in net profit in the third quarter of 2023 by more than two times due to a decrease in production volume, as well...
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Baku/30.10.23//Turan: Azerbaijan and Turkmenistan continue to work out issues related to the implementation of the “Dostlug” oil and gas field development project on the Caspian shelf."The process of....
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Baku/27.10.23//Turan: President of Azerbaijan Ilham Aliyev took part in the opening ceremony of the Garadagh Solar Power Plant (SPP) with a capacity of 230 MW on October 26.This is stated in the infor...
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Baku/27.10.23//Turan: SOCAR (The State Oil Company of Azerbaijan) plans to open an office in Turkmenistan, President of the company Rovshan Najaf said on Thursday during the International Conference "...
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Baku/27.10.23//Turan: The usual trading operations conducted by all major players of the gas market cannot be indicators of gas shortage in Azerbaijan, the leadership of the gas industry of the republ...
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Baku/27.10.23//Turan: Azerbaijan does not yet understand the parameters of the gas hub in Turkey, is waiting for additional information about the project, SOCAR Vice President Elshad Nasirov told repo...
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Baku/27.10.23//Turan: Europe should take commercial and financial initiatives to attract more Azerbaijani gas, SOCAR Vice President Elshad Nasirov believes."In addition to the existing projects, we ha...
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Baku/27.10.23//Turan: “Masdar” Company (UAE) plans to implement three new projects in Azerbaijan for the construction of generating capacities in the field of renewable energy sources (WPP). Three inv...
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Baku/27.10.23//Turan: Azerbaijani President Ilham Aliyev said that due to the recent geopolitical changes, Azerbaijani gas is needed in Europe today more than ever. "Investments in the field of renewa...















